• Produced by the Group's
  indirect wholly-owned subsidiary, Zip Cinema, ALONE, will be headlined
  by Spackman Media Group's Yoo Ah-in of DEFAULT
  (2018) & BURNING (2018) and Park Shin-hye of MEMORIES OF THE
  ALHAMBRA (2018) and THE DOCTORS (2016)
• Directed by Jo II Hyung,
  the film with the working title, ALONE, is based on an original scenario
  by Hollywood writer Matt Taylor and expected to start shooting in the latter
  half of 2019

�

SINGAPORE
-�Media OutReach�-�12 July 2019�-�Spackman
Entertainment Group Limited ("Spackman Entertainment Group" or the "Company"
and together with its subsidiaries, the "Group"), one of Korea's leading
entertainment production groups founded by media investor Charles Spackman,
wishes to announce that the Company's indirect wholly-owned subsidiary, Zip
Cinema Co., Ltd. ("Zip Cinema") shall produce its next major film with
the working title, ALONE, which is expected to commence filming in the
second half of 2019. The movie is Zip Cinema's upcoming project following its
romantic comedy film, CRAZY ROMANCE, set to release in 2019 in Korea.

�

Headlined
by top leading actor Yoo Ah-in of UAA & Co Inc. ("UAA"), a
subsidiary of the Group's associated company Spackman Media Group Limited ("Spackman
Media Group"), and popular actress Park Shin-hye, ALONE is based on
an original scenario by Hollywood writer Matt Taylor, who produced the American
documentary series, SMALL BUSINESS REVOLUTION: MAIN STREET. Yoo Ah-in of
UAA was previously the only Asian actor to be awarded one of "THE BEST ACTORS
OF 2018" by The New York Times.

�

The
film relates the story of isolated survivors of a closed-off city that gets out
of control as a consequence of a sudden spread of an unknown infection. � UAA's Yoo Ah-in of DEFAULT (2018), BURNING
(2018) & VETERAN (2015) shall play the role of Joon Woon, a gamer
who survived by himself and becomes disconnected from the rest of the world. Park
Shin-hye of MEMORIES OF THE ALHAMBRA (2018), THE DOCTORS (2016) &
THE HEIRS (2013) takes on the role of Yoo Bin, another survivor who
relies on her own survival skills throughout the extremely challenging
situation of the closed-off city.

�

The
film shall be distributed by Lotte Entertainment and directed by Jo II Hyung,
who was from the American Film Institute.

About Spackman Entertainment Group Limited

Spackman
Entertainment Group Limited ("SEGL"
or the "Company"), and together with
its subsidiaries, (the "Group"), one
of Korea's leading entertainment production groups founded by investment
veteran, Mr. Charles Spackman, is primarily engaged in the independent
development, production, presentation, and financing of theatrical motion
pictures in Korea. In order to diversify our revenue streams, we have expanded
our business portfolio to include the production of Korean television dramas.
In addition to our content business, we also make investments into
entertainment companies and film funds that can financially and strategically
complement our existing core operations. SEGL is listed on the Catalist of the
Singapore Exchange Securities Trading Limited under the ticker 40E.

�

SEGL's
Zip Cinema Co., Ltd. ("Zip Cinema")
is one of the most recognised film production labels in Korea and has
originated and produced some of Korea's most commercially successful theatrical
films, consecutively producing 9 profitable movies since 2009 representing an
industry leading track record. Recent theatrical releases of Zip Cinema's
motion pictures include some of Korea's highest grossing and award-winning
films such as DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), COLD EYES
(2013), and ALL ABOUT MY WIFE (2012).
For more information on Zip Cinema, do visit http://zipcine.com��

�

SEGL
also owns Novus Mediacorp Co., Ltd. ("Novus
Mediacorp"), an investor, presenter, and/or post-theatrical distributor for
a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THE OUTLAWS
and SECRETLY, GREATLY, which was one
of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS fame, as well as FRIEND 2: THE GREAT LEGACY. In 2012,
Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE, a top-grossing
romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time
highest Video On Demand ("VOD")
sales records in Korea. Novus Mediacorp is currently in the process of seeking
a listing on the Singapore Stock Exchange. For more information on Novus
Mediacorp, do visit� http://novusmediacorp.com�

�

Our
films are theatrically distributed and released in Korea and overseas markets,
as well as for subsequent post-theatrical worldwide release in other forms of
media, including cable TV, broadcast TV, IPTV, video-on-demand, and home
video/DVD, etc. We release all of our motion pictures into wide-theatrical
exhibition initially in Korea, and then in overseas and ancillary markets.

�

We
also operate a caf�-lounge called Upper West, in the Gangnam district of Seoul
and own a professional photography studio, noon pictures Co., Ltd..

�

The
Company holds an effective shareholding interest of 43.88% in Spackman Media
Group Limited ("SMGL"). SMGL, a
company incorporated in Hong Kong, together with its subsidiaries, is
collectively one of the largest entertainment talent agencies in Korea in terms
of the number of artists under management, including some of the top names in
the Korean entertainment industry. SMGL operates its talent management business
through renowned agencies such as MS Team Entertainment Co., Ltd., UAA & Co
Inc., Fiftyone K Inc., SBD Entertainment Inc., and Kook Entertainment Co., Ltd.
Through these full-service talent agencies in Korea, SMGL represents and guides
the professional careers of a leading roster of award-winning actors/actresses
in the practice areas of motion pictures, television, commercial endorsements,
and branded entertainment. SMGL leverages its unparalleled portfolio of artists
as a platform to develop, produce, finance and own the highest quality of
entertainment content projects, including theatrical motion pictures, variety
shows, and TV dramas. This platform also creates and derives opportunities for
SMGL to make strategic investments in development stage businesses that can
collaborate with SMGL artists. SMGL is an associated company of the Company.

�

The Group owns a 100% equity interest in
Frame Pictures Co., Ltd. ("Frame Pictures"). Frame Pictures is a
leader in the movie/drama equipment leasing business in Korea. Established in
2014, Frame Pictures has worked with over 25 top directors and provided the
camera and lighting equipment for some of Korea's most notable drama and movie
projects including the upcoming Korean film GIRL COPS (2018) featuring rising star
Wi Ha-jun of SMGL and THE GREATEST
DIVORCE (2018) starring Bae Doona of SMGL. In 2018, Frame Pictures has also won contracts to supply
equipment to FOUR MEN (2019), ASADAL CHRONICLES (2019), THE CROWNED CLOWN (2019), THE BEAUTY INSIDE (2018), HUNDRED MILLION STARS FROM THE SKY (2018), LOVELY HORRIBLY (2018), THE
GUEST (2018), historical Korean movie MALMOI, SUITS (2018)
featuring Park Hyung-sik of SMGL, MISTRESS (2018), LIFE (2018), LIVE (2018) starring Lee Kwang-soo of RUNNING MAN, MY MISTER (2018) and Netflix's first Korean original production LOVE ALARM (2018). Frame Pictures and
Novus Mediacorp are currently seeking to list on the Singapore Stock Exchange.

�

The Company owns a 100% equity interest in
Take Pictures Pte. Ltd.
("Take Pictures") which has a strong
lineup of 10 film projects including STONE
SKIPPING and the co-production with Zip Cinema for THE PRIESTS 2.

�

The Company owns a 100% equity interest in
Constellation Agency Pte. Ltd. ("Constellation Agency").
Constellation Agency, which owns The P Factory Co., Ltd. ("The P Factory") and Platform Media Group Co., Ltd. ("PMG"), is primarily involved in the
business of overseas agency for Korean artists venturing into the overseas
market. The P Factory is an innovative marketing solutions provider
specializing in event and branded content production. PMG is a talent
management agency which represents and manages the careers of major artists in
film, television, commercial endorsements, and branded entertainment.

�

The Company owns a 100% equity interest in Greenlight Content
Limited which is mainly involved
in the business of investing into dramas and movies, as well as providing
consulting services for the production of Korean content.

�

On 7 May 2018, the Company announced that
it would spin-off Novus Mediacorp and Frame Pictures into a combined entity to
seek listing on the Catalist Board of the Singapore Exchange Securities Trading
Limited to exploit the growing post-theatrical and camera equipment leasing
markets.

�

For
more details, do visit http://www.spackmanentertainmentgroup.com/